What would being an ‘associate member’ of the EU mean for the Canadian economy and businesses?
On Sept.
16 European Union president Ursula von der Leyen made a surprise invitation to Canada to become the European Union’s first “associate member.” However, this designation doesn’t exist yet and it’s not clear what privileges it would give Canada.
While Prime Minister Mark Carney looks to strengthen other alliances as relations with the United States fray, Canadians may be wondering what this potential new relationship means for the country.
The Financial Post spoke to international business professors and experts to determine what this new partnership could mean for Canada’s economy, how it fits with our existing trade agreement with the EU and what Canadian businesses can expect moving forward.
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